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Microsoft slams the government for stockpiling software exploits

18 May 2017

Last week, hundreds of thousands of Windows-based PCs were infected with ransomware. He said he was able to slow down the attack when he registered a domain name he found in the code of the Ransomware.

MediaNama has reached out to a significant cross-section of government organisations and financial institutions to find out whether they were affected.

Europol, the law enforcement agency of the European Union said on Sunday that they were working on a decryption tool and likewise analyzing the virus to identify the hackers. The ease of stopping the attack suggests the hackers were new to this game.

Also affected were railway stations, mail delivery, petrol stations, hospitals, office buildings, shopping malls and government services. They also told not to operate ATMs unless updates are in place.

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At that time, the attack was on one of the companies that provide the "switch" for ATMs.

This is exactly what happened with the ransomware attack.

Starting with Britain's NHS, WannaCry has affected over 200,000 computers in several organizations: Russia's ministry of internal affairs, FedEx, German public transport system Deutsche Bahn, telecom majors Telefónica & Saudi Telecom, automobile conglomerates Renault & Nissan UK, and the Massachusetts Institute of Technology, among several others. While Microsoft had released an update in March with a patch to address the problem, any computers that had not yet installed that update were vulnerable to attack.

"Who's culpable are the criminals that distributed it and the criminals that weaponized it", Bossert said. If you don't pay up within a week, you lose everything. A graduate of Purdue University in Indiana, Huss discovered a "kill switch" on Friday in the malware used in a cyberextortion scheme that was quickly spreading around the world.

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Emergency meetings have been held in the United States to assess the threat posed by the global attack.

The malware kidnap your system file and demand for money in order to release your files which may be multimedia files, office files, personal files or even system file on which your computer relies to run properly.

Earlier in the day, central transmission utility Power Grid said it has put sufficient firewalls to deal with the global cyber attack Ramsomware and consumers need not fear sudden outages on that account.

Referring to the attack as a "wake-up call", Microsoft's President and Chief Legal Officer, Brad Smith wrote in a blog post that governments have "to consider the damage to civilians that comes from hoarding these vulnerabilities and the use of these exploits".

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